Hello BP, I want to get feedback on whether what I’m thinking could actually happen and it still be a successful first deal. I have the opportunity to buy my neighbor’s house. My grandfather is actually renting it fr...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $116,000
Cash invested: $2,000
I was able to acquire this property through another 'Deed in Lieu' (Subject To) deal. ...
I know this has been asked before, but I can't seem to find an answer.
We are purchasing a property (two partners on deed, one on mortgage). Our bank (small, local) recommends this so we don't max out the few reside...
Hi! First time posting here.
My "joint and several liability" tenants - 3 college boys - lease is up end of May in San Diego, CA. They have been great - paid on time and good tenants. Their moms have all co-signed...
I want to buy my sisters house. It's owned and has no mortgage so we are drawing up our own unconventional agreement for payments. However, she doesn't want me to record the deed until it's paid in full. Will the memo...
Are you feeling overwhelmed with your Real Estate start? It makes sense, there's a ton of information to sort through and horror stories from 10 years ago of people going bankrupt. The amount of acronyms in real esta...
I am the owner (Inheritor) of a building that used to be a bar in Phila. Pa. Someone is interested in leasing the property but it needs appx. 70K in work to get it where they want it. I understand I am obligated to pa...
For those landlords in California, Governor Newsom signed another executive order authorizing local governments to extend current eviction moratoriums two more months, through July 28th. (His previous executive order...
Dear Fellow members,
A prospective tenant put down a deposit to hold an apartment and it was immediately taken off the market. They then came around a week later to say they have changed their mind and their financia...
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...